#bch因cme期货上线涨约28%
When Bitcoin turns downward, the biggest surge comes from two of the “majorities” that most people think have already been laid to rest in a museum…
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These days, the market looks a bit interesting.. Bitcoin slid back from above 87,000 to around 84,000, and at the same time, the ones that rose the most aggressively were its two old forks..
This week, Bitcoin Cash once surged by 30%, with its weekly gain breaking 50%, climbing from a little over $300 all the way to $358.. Another one called BSV rose by 20% as well, reaching $21 and setting a new intra-year high..
When many people see this, their first reaction is probably: “Old coins are back from the dead,” or “Another wave of speculative money is poking at unpopular coins.”..
But what’s really worth watching may not be the size of the rally itself, but the way they were “lit up”..
What ignited this move was a piece of news: CME said that on October 19 it would list Bitcoin Cash and Uniswap futures contracts. Once regulatory approval comes through, this would be its tenth single-coin crypto derivatives contract..
For institutions, the significance of futures was never just “adding one more speculative product.” It means having another tool that can be used for hedging and can be placed into structured products.. With a compliant entry point, the money dares to step out front..
Even more crucial is that the second piece of news stacked on top of the first: Grayscale filed an application to convert its Bitcoin Cash trust into a spot ETF, to be listed on the NYSE..
One piece of news is just emotion; two pieces together become a story.. One is “can be traded,” and the other is “can be held in accounts.” Once both are in place, this coin finally gets a doorway back into an institutional identity..
What’s even more interesting is where the money is coming from..
On the same day, spot Bitcoin ETFs saw net inflows of more than $700 million—no small number.. But Bitcoin’s own price has been flat, even trending downward..
This suggests that the portion of money entering the market didn’t add to Bitcoin’s marginal pricing.. Instead, it went to a spot with more elasticity, a lower valuation, and fewer people watching it..
When the most expensive part of a market stays stuck and doesn’t move, money tends to run to both ends: one end is the steadiest—stablecoins, liquidations, custody; the other end is the cheapest—assets that have fallen for years, have a small market cap, and can be pulled into double-digit gains with just a modest buy-side push..
Bitcoin’s forked coins happen to fit the second category, and they’re the most classic kind of that category: they carry the memory of Bitcoin, but they don’t have Bitcoin’s market cap..
But here’s the catch.. This script has played out in history more than once. The explosion of fork coins is always short-lived—rising fast, and giving it back just as fast.. The smaller the market cap, the easier it is to push the price up, and the easier it is to push it back down..
Also, part of this move is boosted by derivatives piling on.. BSV’s open interest rose along with the price, suggesting new positions are being opened—not just shorts covering. That’s a good sign, but it also means this batch of money is likewise fast money..
So what’s truly worth monitoring isn’t whether “BCH can hold above $340” or something like that..
It’s whether, before October 19, there will be a second and third set of similar actions that follow.
If it’s only the futures launch, then most likely it’s a one-off momentum spike.. If later there are ETF approvals too, and other cold, old coins get “lit up” in the same way, then this isn’t a zombie comeback—it’s capital starting to reprice a basket of “cheap and being made compliant.”..
That’s where it gets interesting… In every round of上涨, the market first lifts the priciest thing to the highest point, then turns back to pick up bargains.. This action has just started, and it’s still not clear whether it’s instinct or a trend..
Once another cold, high-market-cap coin gets “lit up” in the same way, the direction will basically become clear..
When Bitcoin turns downward, the biggest surge comes from two of the “majorities” that most people think have already been laid to rest in a museum…
📢 进群蹲一手消息
These days, the market looks a bit interesting.. Bitcoin slid back from above 87,000 to around 84,000, and at the same time, the ones that rose the most aggressively were its two old forks..
This week, Bitcoin Cash once surged by 30%, with its weekly gain breaking 50%, climbing from a little over $300 all the way to $358.. Another one called BSV rose by 20% as well, reaching $21 and setting a new intra-year high..
When many people see this, their first reaction is probably: “Old coins are back from the dead,” or “Another wave of speculative money is poking at unpopular coins.”..
But what’s really worth watching may not be the size of the rally itself, but the way they were “lit up”..
What ignited this move was a piece of news: CME said that on October 19 it would list Bitcoin Cash and Uniswap futures contracts. Once regulatory approval comes through, this would be its tenth single-coin crypto derivatives contract..
For institutions, the significance of futures was never just “adding one more speculative product.” It means having another tool that can be used for hedging and can be placed into structured products.. With a compliant entry point, the money dares to step out front..
Even more crucial is that the second piece of news stacked on top of the first: Grayscale filed an application to convert its Bitcoin Cash trust into a spot ETF, to be listed on the NYSE..
One piece of news is just emotion; two pieces together become a story.. One is “can be traded,” and the other is “can be held in accounts.” Once both are in place, this coin finally gets a doorway back into an institutional identity..
What’s even more interesting is where the money is coming from..
On the same day, spot Bitcoin ETFs saw net inflows of more than $700 million—no small number.. But Bitcoin’s own price has been flat, even trending downward..
This suggests that the portion of money entering the market didn’t add to Bitcoin’s marginal pricing.. Instead, it went to a spot with more elasticity, a lower valuation, and fewer people watching it..
When the most expensive part of a market stays stuck and doesn’t move, money tends to run to both ends: one end is the steadiest—stablecoins, liquidations, custody; the other end is the cheapest—assets that have fallen for years, have a small market cap, and can be pulled into double-digit gains with just a modest buy-side push..
Bitcoin’s forked coins happen to fit the second category, and they’re the most classic kind of that category: they carry the memory of Bitcoin, but they don’t have Bitcoin’s market cap..
But here’s the catch.. This script has played out in history more than once. The explosion of fork coins is always short-lived—rising fast, and giving it back just as fast.. The smaller the market cap, the easier it is to push the price up, and the easier it is to push it back down..
Also, part of this move is boosted by derivatives piling on.. BSV’s open interest rose along with the price, suggesting new positions are being opened—not just shorts covering. That’s a good sign, but it also means this batch of money is likewise fast money..
So what’s truly worth monitoring isn’t whether “BCH can hold above $340” or something like that..
It’s whether, before October 19, there will be a second and third set of similar actions that follow.
If it’s only the futures launch, then most likely it’s a one-off momentum spike.. If later there are ETF approvals too, and other cold, old coins get “lit up” in the same way, then this isn’t a zombie comeback—it’s capital starting to reprice a basket of “cheap and being made compliant.”..
That’s where it gets interesting… In every round of上涨, the market first lifts the priciest thing to the highest point, then turns back to pick up bargains.. This action has just started, and it’s still not clear whether it’s instinct or a trend..
Once another cold, high-market-cap coin gets “lit up” in the same way, the direction will basically become clear..
